US Soyabean and Corn Exports

At 1.4 Mt, US soyabean exports rose to their highest level since February in the week ending 8 November, although this is still down by 0.9 Mt on the year-ago level, the US Department of Agriculture reports. In the same period, US corn exports rose by 0.7 Mt on the year ago level to 1.1 Mt.

Japanese iron ore imports rose by 3.5% on the year to 10.6 Mt in October, the country’s Ministry of Finance reports. Imports in January-October totalled 103.6 Mt, down by 0.4% on the same period last...

EU steel exports fall

EU steel exports in September fell by 35.3% on the year-ago level to 1.5Mt, official data show. In the period January-September EU steel exports totalled 15.4 Mt, down 8.0% on the same period last year.

Iraq has resumed exports of about 50-60K b/d from its northern fields in the Kirkuk region, which had been halted since October 2017 when the Iraqi army took control of the oil fields from Kurdish forces,...

At 3.08M b/d, total South Korean crude imports in October were up 431K b/d m-o-m and 82K b/d y-o-y, with no imports from Iran, according to customs data. South Korea had reportedly suspended all loadings...

India’s coal output up

India’s coal production in the period January-October rose 10% year-on-year to 587.4 Mt, according to data compiled by IHS Markit. India’s coal production in October also rose, up 8% on the year-ago level.

TXF Natural Resources and Commodity Finance

Speaking at this year's event, held in Amsterdam on 17-18 May 2018, Simpson Spence Young's Head of Research John Kearsey contrasted the uneven recovery in dry bulk freight markets with the continued downswing in the tanker sector.